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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » ECONOMIC REVIEW

ECONOMIC REVIEW

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1ECONOMIC REVIEW Empty ECONOMIC REVIEW Mon Mar 17, 2014 10:02 pm

Lawwa


Senior Equity Analytic
Senior Equity Analytic

Tourist arrivals up 24.5% in February 2014. For the month of February Sri Lanka witnessed 141,878 tourists up circa 25% YoY as against 113,968 in February 2013.

India, Russia and China lead the list in terms of the highest tourist receiving countries. Meanwhile regions wise, the highest growth was seen from the Western Europe which grew 55.5% YoY to 22,927 arrivals for the month.

Tourist Arrivals Sri Lanka's GDP grew by 7.3% YoY in 2013. The economy recorded a GDP growth of 7.3% YoY in 2013 against 6.3% YoY in 2012 driven by improved performance from services and industry sectors. Services, the core contributor to the economy with a contribution of c.57% in 2013 reported a growth of 6.4% YoY during the fiscal year whilst industry with a contribution of c.32% to the GDP accelerated by 9.9% YoY for the same period. Meanwhile, wholesale and retail trade dominated the services sector with a contribution of c.19% in 2013 followed by transportation and communication with a contribution of near 13%. Further, both the sub sectors reported growth of 5.5% YoY and 9.4% YoY respectively in 2013 against 3.7% YoY and 6.2% YoY in 2012.

Manufacturing and construction sub sectors topped the Industry sector with contributions of near 18% and 10% respectively and witnessed growth rates of 7.5% YoY and 14.4% YoY in 2013. At the meantime, Agriculture accounted to near 11% of the GDP whilst the cluster recorded a growth of 4.7% YoY in 2013.

Moreover, GDP reported a growth of 8.2% YoY during 4Q2013 whilst Agriculture, Industry and Services reported growth rates of 10.4%, 10.7% and 6.5% respectively during the concern quarter.

2ECONOMIC REVIEW Empty Re: ECONOMIC REVIEW Tue Mar 18, 2014 9:34 am

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Very low dailly turnover was recorded in SL stock market yesterday after four and half years

WHY ?

How can you compare with above report ?



Last edited by D.G.Dayaratne on Tue Mar 18, 2014 9:37 am; edited 1 time in total (Reason for editing : correction)

3ECONOMIC REVIEW Empty Re: ECONOMIC REVIEW Tue Mar 18, 2014 12:39 pm

FLOWER2

FLOWER2
Manager - Equity Analytics
Manager - Equity Analytics
So there are growths in tourism, Agriculture, transportation, services and manufacturing? These are key growth areas in any economy. Would you mind naming good companies in above growth areas.

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